AGGREGATE ASSETS Definition

Bookmark and Share

AGGREGATE ASSETS see AGGREGATE.

Learn new Accounting Terms

INTERPERIOD TAX ALLOCATION is the process of apportioning income taxes among accounting periods.

IMPAIRMENT OF VALUE is the permanent decline in the value of an asset. The entry is to debit the loss account and credit the asset for the loss in utility. See also FRS 11.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.